Businesses that are not incorporated identify the investment of the sole proprietor through the account.
Question
Solution 1
The investment of the sole proprietor in a business that is not incorporated is identified through the "Owner's Equity" account. Here are the steps:
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The sole proprietor invests capital into the business. This could be in the form of cash, property, or equipment.
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This investment is recorded i Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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